this steady slide from the new high has signaled clear signs of daily consolidation for large tech stocks like google. if this wyckoff distribution completes we will end up in a trend not unlike what ive outlined.
the volume weight average signals have trended lower all week so far. i would imagine this continues, with some regressive upward bear contractions...
$133 to $140 on 30m chart 2023-12 to 2024-02
1-day Chart ( click to play ):
NASDAQ:GOOGL potentially reaching $133-$140 within the next three weeks or as high as $141-$143 if there is any new news on advancements (or partnerships).
The Elliott Wave Principle suggests a potential bullish continuation within a larger Wave 3. A breakout above $133.34 could...
NASDAQ:GOOGL potentially reaching $141-$143 within the next three weeks or as high as potentially reaching $141-$143 within the next three weeks if there is any new news on advancements (or partnerships).
The Elliott Wave Principle suggests a potential bullish continuation within a larger Wave 3. A breakout above $133.34 could propel the stock towards...
Snapchat ( #Snapchat ) shares surged by 27% to $14.5 per share, following the post-market trading on the New York Stock Exchange on Friday, April 26. And they continue to climb this week:
Several factors contributed to this rapid growth:
Demand for Snap shares increased after the release of financial results. Snap noted that its business is growing...
Alphabet Inc. (Class C) shares have displayed a notable trend and volatility that provide a rich ground for technical analysis. Based on a detailed examination of various technical indicators, candlestick patterns, and moving averages, this report aims to provide potential trading insights and speculative price targets for both short-term and long-term...
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Google has recently flown into AI-related issues.
I've already had a bearish view before I hit the $155 high
The recent gains have made the bearish view even stronger.
The rise seems to have been driven more by basic factors than technical factors.
So this rise appears to be a bubble and is considered to start...
Today's candle on google is a doozy. Way gap up and drop till the end of the day, closing way above Bollinger bands and extreme volume spike; all making of a blow off top condition. Next week, we could see some strength to go a bit higher, but, it should run out of steam first. These conditions call for a short, but have to be careful on a massive blowout...
Every article on google is bearish just like every other time it has gapped down aggressively.
This GAP is almost 100% going to fill. When, I do not know.
I think it could consolidate here and pop to 155 to create triple negative divergence AND produce a lower high even after a gap fill.
If we fall and loose this red 55 day MA, the algorithm will flip to bearish.
Alphabet Inc., Google's parent company, is experiencing a period of phenomenal growth. The tech giant is on the cusp of a historic milestone – a market capitalization approaching $2 trillion. This achievement comes alongside impressive quarterly earnings that surpassed analyst expectations, solidifying investor confidence. Further sweetening the deal for...
The huge gap up post-earnings on Friday is near the finals of the rally from Jan 2023 in the weekly chart.
A closer look at the 4-hour chart with the help of stochastic and RSI shows that one more high is needed early next week (Apr 29 - May 3) to establish a medium-term top before a sizeable drop will begin. I believe the earnings gap will be filled in the...
In a landmark moment for the tech industry, Alphabet Inc. ( NASDAQ:GOOGL ), the parent company of Google, has surpassed Wall Street's expectations and made history by announcing its inaugural dividend and a staggering $70 billion stock buyback program. The groundbreaking move comes as Google's first-quarter earnings and revenue far exceeded analyst forecasts,...
